Managing Someone Else's Money: Difference between revisions

Latest revision as of 22:53, 23 September 2020

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Managing Someone Else's Money from People's Law School is a guide for the attorney appointed under a power of attorney in British Columbia. It explains the attorney's duties and responsibilities, offers tips to avoid problems, and provides tools to stay organized.

Power of Attorney Questions & Answers
- What is a power of attorney? · What is the attorney's authority? · Can the adult still manage her own affairs? · Can a power of attorney be changed or revoked? · What if you're concerned about fraud or abuse? · When do your responsibilities as attorney end? · What if you can no longer serve as attorney?

Four Key Duties of a Fiduciary
- Duty 1. Act honestly, in good faith & in the adult's interests · Duty 2. Manage the adult's money & property carefully · Duty 3. Act within the authority you are given and within the law · Duty 4. Keep good records

More Things You Should Know
- If others are involved in making decisions · Avoiding problems with family or friends · Working with professionals

Keeping the Adult Safe
- Watch out for financial exploitation · Look for these signs · Be on guard for consumer scams

Your Attorney Toolkit
- New attorney checklist · Inventory · Budget · Filing system · Financial management software

Where to Get Help
- Local & provincial agencies · For legal help · For accounting and financial help

More
- Glossary · About People's Law School

About

Copyright

Managing Someone Else's Money © People’s Law School is, except for the images, licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 2.5 Canada Licence.

Disclaimer

At People's Law School, we believe accurate, plain English information can help people take action to work out their legal problems. This resource explains in a general way the law that applies in British Columbia, Canada. It is not intended as legal advice. Legal advice applies the law to an individual's specific situation. If you want assurance that any information is appropriate to your specific situation, or recommendations on next steps with a specific legal problem, please contact a legal professional. Some sources of legal help are highlighted in the Where to Get Help section.

People's Law School

People's Law School is a non-profit society in British Columbia providing free education and information on the legal problems of daily life. See more titles from People's Law School.

Related titles

Other titles from People's Law School on powers of attorney:

Power of Attorney

Power of Attorney Collection

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-}}'''''Managing Money for Someone Else''''' from [[People's Law School]] is a guide for the attorney appointed under a power of attorney in British Columbia. It explains the attorney's duties and responsibilities, offers tips to avoid problems, and provides tools to stay organized.
+}}'''''Managing Someone Else's Money''''' from [[People's Law School]] is a guide for the attorney appointed under a power of attorney in British Columbia. It explains the attorney's duties and responsibilities, offers tips to avoid problems, and provides tools to stay organized.
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 ==Contents==
-*'''[[Introduction to Managing Money for Someone Else|Introduction]]'''
+*'''[[Introduction to Managing Someone Else's Money|Introduction]]'''
 *'''[[You Have Been Appointed as an Attorney]]'''
@@ Line 37: / Line 28: @@
 ** [[Your Attorney Toolkit#New attorney checklist|New attorney checklist]]{{·}} [[Your Attorney Toolkit#Inventory|Inventory]]{{·}} [[Your Attorney Toolkit#Budget|Budget]]{{·}} [[Your Attorney Toolkit#Filing system|Filing system]]{{·}} [[Your Attorney Toolkit#Financial management software|Financial management software]]
-*'''[[Where to Get Help for Managing Money for Someone Else|Where to Get Help]]'''
+*'''[[Where to Get Help for Managing Someone Else's Money|Where to Get Help]]'''
-** [[Where to Get Help for Managing Money for Someone Else#Local & provincial agencies|Local & provincial agencies]]{{·}} [[Where to Get Help for Managing Money for Someone Else#For legal help|For legal help]]{{·}} [[Where to Get Help for Managing Money for Someone Else#For accounting and financial help|For accounting and financial help]]
+** [[Where to Get Help for Managing Someone Else's Money#Local & provincial agencies|Local & provincial agencies]]{{·}} [[Where to Get Help for Managing Someone Else's Money#For legal help|For legal help]]{{·}} [[Where to Get Help for Managing Someone Else's Money#For accounting and financial help|For accounting and financial help]]
-*'''About'''
+*'''More'''
-** [[People's Law School|About People's Law School]]
+** [[Glossary for Managing Someone Else's Money|Glossary]]{{·}} [[People's Law School|About People's Law School]]
-== Copyright & Disclaimer==
+== About==
-[[File:Creativecommonssmall.png|link=Clicklaw Wikibooks Copyright Guide|alt=Creative Commons Attribution-NonCommercial-ShareAlike 2.5 Canada Licence]] ''Managing Money for Someone Else'' &copy; People’s Law School is, except for the images, licensed under a Creative Commons [[Clicklaw Wikibooks Copyright Guide|Attribution-NonCommercial-ShareAlike 2.5 Canada Licence]].
+=== Copyright===
-At [[People's Law School]], we believe accurate, plain English information can help people take action to work out their legal problems. This resource explains in a general way the law that applies in '''British Columbia, Canada'''. It is '''not intended as legal advice'''. For help with a specific legal problem, contact a legal professional. Some sources of legal help are highlighted in the "[[Where to Get Help for Managing Money for Someone Else|Where to Get Help]]" section.
+[[File:Creativecommonssmall.png|link=Clicklaw Wikibooks Copyright Guide|alt=Creative Commons Attribution-NonCommercial-ShareAlike 2.5 Canada Licence]] ''Managing Someone Else's Money'' &copy; People’s Law School is, except for the images, licensed under a Creative Commons [[Clicklaw Wikibooks Copyright Guide|Attribution-NonCommercial-ShareAlike 2.5 Canada Licence]].
-== About People's Law School==
+=== Disclaimer===
+At [[People's Law School]], we believe accurate, plain English information can help people take action to work out their legal problems. This resource explains in a general way the law that applies in '''British Columbia, Canada'''. It is '''not intended as legal advice'''. Legal advice applies the law to an individual's specific situation. If you want assurance that any information is appropriate to your specific situation, or recommendations on next steps with a specific legal problem, please contact a legal professional. Some sources of legal help are highlighted in the [[Where to Get Help for Managing Someone Else's Money|Where to Get Help]] section.
+=== People's Law School===
 [[File:Peopleslawschoollogo-horizontal.jpg|frameless|none|200px|link=]]
-[[People's Law School]] is a non-profit society in British Columbia providing free education and information on the legal problems of daily life.
+[[People's Law School]] is a non-profit society in British Columbia providing free education and information on the legal problems of daily life. See [[People's Law School|more titles from People's Law School]].
+==Related titles==
+Other titles from People's Law School on powers of attorney:
+{| cellpadding="5" style="font-size:85%; border: 1px"
+|- valign="top"
+| [[File:Power of Attorney full cover image.png|x200px|link=Power of Attorney]]<br /><div class="center">''[[Power of Attorney]]''</div>
+| [[File:Power of Attorney Collection full cover image.jpg|x200px|link=Power of Attorney Collection]]<br /><div class="center">''[[Power of Attorney Collection]]''</div>
+|}
-{{Managing Money for Someone Else Navbox}}
+{{Managing Someone Else's Money Navbox}}
 __NOGLOSSARY__
+__NOTOC__